Barclays analyst Alex Scott raised the firm’s price target on Sun Life Financial (SLF) to C$82 from C$79 and keeps an Equal Weight rating on the shares. Sun Life held an investor day that rolled out a return on equity target of 20% and an annual earnings growth of 10%, the analyst tells investors in a research note. The firm sees this as being more favorable than it previously modeled.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLF:
- Sun Life Financial price target raised to C$96 from C$90 at CIBC
- Sun Life Financial Highlights Growth at Investor Day
- Sun Life Financial Showcases Strategy at Investor Day
- Sun Life Financial price target raised to C$85 from C$84 at Desjardins
- Sun Life Financial price target raised to C$82 from C$78 at RBC Capital